Energy and Climate Change written question – answered at on 12 October 2011.
To ask the Secretary of State for Energy and Climate Change what representations his Department has received from directorates of the European Commission on the UK's carbon floor price.
We are continuing to engage informally with the European Commission as part of our overall policy development related to the Electricity Market Reform proposal.
The EU and the UK share common energy policy objectives. We consider that the approach being adopted under the GB Electricity Market Reform is consistent with the EU's vision for decarbonisation and security of supply. We support full integration of the UK energy market with the wider EU electricity market. We are working with the European Commission and other EU stakeholders to ensure that the Electricity Market Reform package is consistent with, and complementary to, developing EU energy policy.
As set out in chapter 2 of the Government's Electricity Market Reform White Paper, the CPF complements the EU ETS by strengthening the carbon price signal in the UK electricity generation sector, enabling higher levels of investment in low-carbon infrastructure and therefore a faster rate of decarbonisation. Going forward, we would support an EU-wide tightening of the EU ETS in order to meet ambitious carbon emission reduction targets in the EU, and to meet the long-term EU objective of reducing emissions by 80% to 95% by 2050.
Yes0 people think so
No0 people think not
Would you like to ask a question like this yourself? Use our Freedom of Information site.